West Family Investments Inc. Purchases Shares of 32,435 AT&T Inc. $T

West Family Investments Inc. acquired a new stake in AT&T Inc. (NYSE:T) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 32,435 shares of the technology company’s stock, valued at approximately $671,000.

A number of other hedge funds also recently made changes to their positions in the business. Tsfg LLC boosted its position in shares of AT&T by 3.6% during the 4th quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after acquiring an additional 366 shares in the last quarter. Lifestyle Asset Management Inc. raised its position in AT&T by 3.6% in the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock worth $261,000 after purchasing an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. raised its position in AT&T by 1.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock worth $794,000 after purchasing an additional 370 shares in the last quarter. Bruce G. Allen Investments LLC raised its position in AT&T by 1.7% in the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock worth $556,000 after purchasing an additional 374 shares in the last quarter. Finally, Rockline Wealth Management LLC lifted its stake in AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock worth $259,000 after purchasing an additional 378 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

T has been the topic of a number of recent research reports. Argus decreased their price objective on AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price for the company in a report on Thursday, July 23rd. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 price target on shares of AT&T in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $29.19.

AT&T News Roundup

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T’s post-earnings momentum remains constructive: the company reported quarterly EPS of $0.65 versus the $0.59 consensus estimate, while revenue increased 2.3% year over year. Analysts are watching whether earnings estimates and the stock’s advance can continue. AT&T Up 9.5% Since Last Earnings Report
• Positive Sentiment: AT&T’s Advanced Connectivity business is gaining traction through fiber expansion, customer convergence and rising demand for AI-related network capacity. This supports the company’s longer-term growth outlook and helps offset slower legacy operations. AT&T Rides on Strength in Advanced Connectivity
• Positive Sentiment: A partnership with Hark gives AT&T exposure to emerging AI-native consumer devices. AT&T will invest in Hark and provide connectivity, certification and infrastructure support, potentially creating incremental traffic and device-related revenue opportunities. Hark and AT&T Partner on Connectivity for Future AI Devices
• Positive Sentiment: AT&T reportedly reduced the cost of coding and other AI tasks by as much as 56% by using model-routing tools and open-source systems, with only a modest decline in output quality. Lower internal AI costs could support productivity and margins. AT&T Slashes AI Costs by Adopting Model Routers and Open Source
• Neutral Sentiment: Analysts continue to highlight AT&T as a highly ranked value and income stock, with a roughly 4.5% dividend yield and a low earnings multiple. However, the company’s growth is expected to remain moderate, making customer revenue increases important. AT&T Is a Top-Ranked Value Stock
• Negative Sentiment: Bernstein cautions that SpaceX’s potential telecom ambitions could intensify competition for AT&T, Verizon and T-Mobile. Meanwhile, heavy capital spending, elevated interest rates and industry balance-sheet pressures remain risks. Bernstein Remains Bullish on SpaceX

AT&T Trading Up 0.2%

Shares of AT&T stock opened at $25.33 on Monday. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The stock has a market capitalization of $173.57 billion, a P/E ratio of 8.39, a price-to-earnings-growth ratio of 1.03 and a beta of 0.23. The company has a 50-day simple moving average of $22.83 and a 200 day simple moving average of $25.27. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts expect that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were paid a $0.2775 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s payout ratio is 36.75%.

AT&T Profile

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.